516 Ridge Ave, East Pittsburgh, PA 15112 (MLS # 1723464)

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PRICE $220,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE 5,010 sqft

Fantastic three-unit brick building situated on a double-level lot, offering room for potential off-street parking or a tenant outdoor space. The first-floor unit features three bedrooms, while the second floor offers both a one-bedroom and a two-bedroom unit. The owner has remodeled the units with updated flooring and fresh paint, creating clean and move-in-ready spaces. Each unit has separate utilities, including three heating boilers, hot water tanks, and three electric/water meters. Age of mechanics vary with some recently updated. Current rents are estimated based on past performance, with potential to explore Section 8 for higher returns. This is a solid brick property in a convenient location. The current owner has maintained it well, with recent updates including roof resealing (2025), upgraded electrical, plumbing, and more. Don't miss out on this money maker that once rented will produce a solid cap rate for your investment portfolio.

DAYS ON MARKET 11 LAST UPDATED 9/30/2025
YEAR BUILT 1920 COMMUNITY E Pittsburgh
COUNTY Allegheny-East STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
AREA E Pittsburgh
BASEMENT Full, Yes
CONSTRUCTION Brick
LOT 5009 sq ft
LOT DIMENSIONS 55x100
TAXES 2560
UTILITIES Electricity Available, Natural Gas Available, Sewer Available, Water Available
ZONING mul
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